Americas top stories - weekly summary

11 February 2013 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 8 February 2013.

(Please click on the link to read the full text.)

US February MMA contracts expected to settle higher on acetone
US February contracts for methyl methacrylate (MMA) are expected to increase, sources said on Friday.

ExxonMobil announces plans to expand Group II base oils in US
ExxonMobil announced last week plans to expand Group II and II+ base oil production capacity at its Baytown, Texas, refinery location, sources confirmed on Wednesday.

Canpotex deal highlights NA potash producers' focus on India
As India looks to grow more food for its burgeoning population, North American potash companies are growing more interested in making a name for themselves in that market.

ACC report points to ways to further boost US chem exports
The American Chemistry Council (ACC) called for the reduction and elimination of trade barriers as part of a multi-pronged strategy to further increase US chemical exports, according to a report released on Wednesday.

US firm addresses agency's recommendations after blast
US-based Carbide Industries has addressed all of an agency's recommendations regarding a fatal explosion that happened nearly two years ago, the calcium-carbide producer said on Thursday.

US Ag secretary denounces 'food versus fuel' debate
US Secretary of Agriculture Tom Vilsack said on Thursday that farmers produce more than enough corn for domestic consumption, exportation and ethanol creation, adding that the “food versus fuel” debate is a myth.

US PetroLogistics Q4 income soars on larger sales, lower costs
US-based on-purpose propylene producer PetroLogistics reported on Wednesday a Q4 net income of $25.9m (€19.2m), compared with a net loss of $27.0m from the fourth quarter of 2011, as sales grew faster than costs.

Rebound in US homebuilding would bode well for PVC
In the US over the past several years, a rebound in the home construction sector has been somewhat like the eponymous character in the Samuel Beckett play “Waiting for Godot” – much anticipated, but never quite arriving.

By: Staff Reporter
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